Res 1984-001 - Laserfiche WebLink

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-13- XXVI. Lessee shall maintain at its own expense fire and extended coverage insurance on any aircraft stored, secured, placed, housed or located on said demised premises. Should annual insurance premiums paid by Lessor in connection with the ownership, maintenance or use of the San Marcos Municipal Airport or any operations at said Airport or elsewhere which are necessary or incidental to said ownership, maintenance or use ever be increased because of the securing by Lessee of aircraft in the storage hangar or parking area herein provided for, Lessee shall promptly pay the extra amount of the premium upon request by Lessor. Lessor shall not be liable to Lessee for losses due to theft or burglary or for damage done by unauthorized persons on said Airport premises. XXVII. Any word, group of words, phrase, sentence, paragraph or provision herein prohibited by law, or decision by a court of final jurisdiction shall be ineffective to the extent of such prohibition without invalidating the remaining provisions hereof. XXVIII. Whenever any payment lS to be made under this Agreement at or within a time stated, and whenever any act is to be done under this Agreement, by either party, at, or within a stated time, time shall be of the essence of this Agreement. XXIX. All notices required to be given to the Lessor hereunder shall be given by certified mail, return receipt requested, separately addressed to the Mayor of the City of San Marcos and to the City Manager for the City of San Marcos at 630 East Hopkins, San Marcos, Texas, 78666. All notices required to be given to the Lessee hereunder shall be given by certified mail, return receipt requested, separately addressed to GT+3 Fliqht Operations, Inc. , at Route 2. Box ~r;47., San Marcos. Texas 78666 . . Both parties may designate in writing from time to time substitute addresses or persons in connection with the said notices.